Your Catalyst to a Lucrative Business
Cloud-based library solutions dominated the global library software market in 2016 and are expected to
maintain its position over the forecast period. Furthermore, the cloud-based software was extensively
used owing to several benefits like multi lingual articles, multiple format support and easy access.
Furthermore, steady demand for on-premises solutions on account of several benefits including user
comfort, pleasant surrounding along with rising footfall of students is expected to upsurge the
progression of the market. This segment is expected to grow at CAGR of 2.7% over the projection
period
The lucrative growth of library management software market primarily driven by increasing tangible
stock which is also likely to be favored by easy access and use through smartphones or any other
online platforms. These factors are expected to result in a noticeable growth of the global library
management software market over the next forecast period.
Hexa Research has segmented the global library management software market based on deployment,
end-use and region:
Segmentation by deployment, 2014 - 2024 (USD Million)
• Cloud based
• On-premises
Segmentation by end-use, 2014 - 2024 (USD Million)
• School Library
• Public Library
• Academic Library
• Others
Segmentation by region, 2014 - 2024 (USD Million)
• North America
• U.S.
• Europe
• Asia Pacific
• China
• India
• Central & South America
• MEA
Key players analyzed
• Civica Pty Limited
• ProQuest
• Innovative Interfaces, Inc.
• SirsiDynix
• Book Systems Inc
• Insignia Software.
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